USD Drops From Target
The target on this counter-trend rally was 97. USD climbed above it, tried to establish support at the MA 50, and then failed today, I guess with the weak factory…
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June 2, 2015
US Dollar Updated
Daily USD (live chart from Investing.com) has broken above the resistance area (which included the MA 50) and is turning it to tentative support. What will be important to determine…
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May 27, 2015
Yields & USD
The yield curve (10-2yr) is dropping while nominal yields rise. Typically, that is gold adversarial. Meanwhile, USD turns former resistance to tentative support as the bounce/recovery continues. The next resistance…
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May 22, 2015
Yields & USD
The 10 vs. 2 year yield spread is up slightly and the 30 vs. 2 is up significantly. This continues a trend of late that brings the yield curve further…
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May 20, 2015
US Dollar Updated
Uncle Buck resides right at the corner of Bull and Bear where commodities and certain global markets are concerned. As noted yesterday, my stance is neutral on Unc short-term, but…
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May 19, 2015
Bonds, USD, Euro
Treasury yields are rising with the spread between the 10's and 2's also rising. That continues the recent short-term trend. The longer this keeps up the closer we'd get to…
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May 18, 2015
Uncle Buck Updated
Today USD is bouncing to test the breakdown from the support at 94 (+/-). I am neutral now on USD for the short-term and expect the down channel to eventually…
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May 15, 2015
US Dollar Updated
The trend line from last summer is lost and the 94 +/- short-term support area is breaking down, per the weekly (live) chart. Now we look ahead to major support…
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May 14, 2015
EUR/USD & Implications
I would love to see Euro take one more pop relative to USD, up to the noted resistance zone. 1.15 is a measurement and it also holds visual resistance. From…
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May 5, 2015
US Dollar Updated
USD is bouncing from the projected support area of 94 +/-. If I were to guess, I'd say it gets another leg down deeper into that area or possibly to…
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May 4, 2015
Updating USD’s Progress
Bouncing from support, eying resistance beginning at 96.50? Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates (including Key ETF charts) and NFTRH+ chart and trade ideas…
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May 1, 2015
Uncle Buck Updated
Here is the latest on USD's progress... Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates (including Key ETF charts) and NFTRH+ chart and trade ideas or…
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April 30, 2015
USD Nears Support #1
I don't control 'em. I just read 'em. Uncle Buck approaches the lateral support cluster we have been watching. Also, you will recall there is a trend line from last…
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April 29, 2015